The economics for processing tires into solvent is a solid business, but lots of upside
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exists for growing/extending the solvent market, as well as delivering high value from the other by-products, particularly carbon black.
The first footing for this technology is now well established in Texas with the New London facility - capacity expansion at that facility is ongoing. Other prospective locations in Texas and across the US are planned; at least one of these is likely to in Texas early. Out of state plant sites will bring new wealth and investment to Natural Resource Recovery, with all operations training, management, design engineering and business operations for these facilities occurring in Texas.
Dispersed location economics are positive and will drive expansion of company facilities across the United States. Discarded tire storage and gathering facilities are located all across the country - generated locally, gathered regionally. There are some large tire landfills. However, transportation economics prevents any truly centralized approach for the continuing stream of waste tires generated every day in virtually every city and town.
Each new plant generates millions of dollars in economic activity both during and after construction that benefits the entire area in which a facility is located.